Tag Archives: German Manufacturing

Germany has a long history of industry and manufacturing that reaches back to their nationalist roots in the 1800s. They’ve always been an example of economic stability, management, and innovation, not only Europe, but the rest of the world, has followed. When it comes to manufacturing, automotive companies like BMW and Mercedes-Benz or electronics companies like Siemens come to mind. These enterprises, like most, have shown great stamina and endurance in the past years, especially after the 2008 global economic drop. Changes in the Market The past six years of German PMI only show gains. But we may see signs of this changing. A steady slowing of production and labor market transition away from manufacturing jobs has recently stunned the market. In January, a quarterly report released information on the current state of European manufacturing. This report contained Germany’s PMI…